Lowe’s exceeded Wall Street expectations with quarterly sales growing over 10% year over year. The company anticipates total sales for the fiscal year to hit $92-$94 billion, a 7-9% increase from the prior year. Adjusted earnings per share are projected to be $12.25-$12.75, with comparable sales expected to be flat to up 2%. CEO Marvin Ellison expressed confidence in their strategy despite industry challenges.

Lowe’s reported earnings per share of $1.98 compared to the expected $1.94, and revenue of $20.58 billion versus $20.34 billion forecasted for the fiscal fourth quarter. Net income dropped to $999 million, with revenue increasing from the previous year. Comparable sales rose 1.3%, exceeding analyst expectations of 0.2%.

Home Depot, Lowe’s competitor, beat Wall Street’s earnings and revenue predictions but maintained conservative full-year guidance. Home improvement demand remains subdued as consumers delay major projects due to high borrowing costs, housing prices, and economic uncertainties. Lowe’s shares are up almost 16% year-to-date and approximately 15% over the past year, outpacing the S&P 500.

Read more at CNBC: Lowe’s (LOW) Q4 2025 earnings